More on Me + Em – Page 310
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NewsBritish Land splashes out £94m on three new retail parks
British Land has acquired three retail parks for £94m and sold its 50% stake in another out-of-town retail destination in Preston.
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NewsKingfisher boss Garnier praises ‘resilient’ performance despite falling profits and sales
B&Q owner Kingfisher has reported a fall in annual profits despite an increase in like-for-like sales compared with pre-pandemic levels.
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NewsExclusive: Claire’s launches in-store partnership with Asda
Fashion retailer Claire’s has announced a partnership with Asda and will stock its products in over 500 supermarkets across the UK as part of an “ongoing successful consumer products partnership”.
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AnalysisHas Regent Street overtaken Oxford Street as the UK’s most desirable retail location?
Oxford Street was once one of the most desirable retail thoroughfares on the planet, but a toxic mix of shady candy shops and shuttered stores have torched its reputation. All the while, investment from new brands and high street heroes has been flowing into neighbouring Regent Street.
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NewsExclusive: Oxford Street has more empty shops than average British high street
London’s premier shopping thoroughfare is lined with more vacant units than the average British high street, Retail Week can reveal.
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GalleryStore gallery: Slow-fashion brand Odd Muse opens 'dream' store
Fashion retailer Odd Muse has unveiled its first pop-up shop in London’s Covent Garden, to allow customers to shop the collections “in person for the first time ever”.
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NewsAmazon slashes an additional 9,000 jobs
Amazon is laying off 9,000 more employees, chief executive Andy Jassy revealed in a memo to staff.
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NewsBoux Avenue poaches new marketing boss from Ted Baker
Boux Avenue has announced that Jason Beckley will join the lingerie retailer as its new chief marketing officer.
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NewsSweaty Betty bosses Julia Straus and Mark Smith to step down
Sweaty Betty chief executive Julia Straus and chief operating officer Mark Smith are set to step down this summer following the brand’s takeover, Drapers has reported.
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AnalysisJacqueline Gold: The retail mould-breaker who changed the high street
Jacqueline Gold, who made Ann Summers one of the best-known brands in retail, died last week. Here we pay tribute to her legacy.
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NewsJohn Lewis considers end to 100% employee ownership
John Lewis Partnership (JLP), which is 100% owned by its staff, is looking at watering down its mutual structure, according to a report in The Sunday Times.
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Innovation of the WeekInnovation of the Week: Ikea deploys 100 drones for supply chain efficiency
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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NewsFrasers Group completes acquisition of shopping centre with 'huge potential'
Sports Direct owner, Frasers Group has completed the acquisition of The Mall shopping centre in Luton.
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NewsRetail pays tribute to Ann Summers pioneer Jacqueline Gold
The retail industry has paid tribute to Jacqueline Gold, who made Ann Summers a fixture on the high street and has died aged 62.
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NewsTikTok Shop UK launches parent and baby product category
TikTok Shop UK has launched a parent and baby product category that features well-known UK brands.
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NewsAldi unveils another pay rise for shop workers
Discounter Aldi has given shop workers a fresh pay rise, taking their base pay across the UK to £11.40 an hour.
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AnalysisOysho: The brand Inditex has been keeping from the UK
More than a decade since the brand’s inception, Zara-owner Inditex has finally decided to grace the UK with a physical Oysho store
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NewsDeliveroo on ‘path to profitability’ as losses narrow
Deliveroo made a nearly £300m loss last year but remains adamant that it is making “excellent progress on the path to profitability”.
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AnalysisAfter ‘inflation hurricane’ hits, cost cutting is king at John Lewis
“Inflation has hit us like a hurricane” was the stark verdict from John Lewis Partnership chair Dame Sharon White as the retail institution slid to a £234m pre-tax loss.
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NewsMango leans into circular fashion with La Más Mona investment and rental trial
Fashion retailer Mango has invested in Spanish clothing and accessories rental platform La Más Mona, through its Mango StartUp Studio business accelerator, as well as launching its own rental platform trial.